Punjab may introduce new mechanisms to finance local govts
LAHORE: Punjab government may introduce new mechanisms to finance city district government’s projects in its last budget by introducing performance-based financing, asking them...
Ministry of Planning proposes development projects worth Rs1.3 trillion in next budget
ISLAMABAD: While the Ministry of Finance (MoF) is unlikely to reconsider its decision to cut the development budget to Rs750 billion in...
Market Daily: KSE 100 index jumped 583.30 pts, crosses 47,000 mark
Investors rushed to buy at the Pakistan Stock Exchange (PSX) on early Friday morning after the Prime Minster on Thursday announced a...
Property dealers vilify Punjab govt, demand decrease in taxation rates
LAHORE: Various real-estate dealers on Thursday protested the rate hike on transfer of property in Lahore, citing the 200 percent increase had...
Asian stocks fall after Trump threatens to impose more duties on Chinese goods
TOKYO: U.S. stock futures slid, and the yen rose against the dollar on Friday after U.S. President Donald Trump proposed additional tariffs...
Oil prices fall, after Trump threatens more tariffs on Chinese goods
SEOUL: Oil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war...
Seven candidates to fight for three seats on bourse’s board
ISLAMABAD: Three seats of shareholder directors for the board at the Pakistan Stock Exchange (PSX) has received seven applications on the last...
Tax amnesty scheme expected to lure foreign inflows into capital market
KARACHI: The stock market is hoped to become the biggest beneficiary of this announced tax amnesty scheme, which has rallied 3.45 percent...
Target set to collect maximum tax before announcing next budget: Miftah
ISLAMABAD: Advisor to the Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail Thursday said the present government had set targets to collect...
ICAP urges govt to bring all sectors of economy to tax-net
ISLAMABAD:Â The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective...
PM Abbasi chairs EAC meeting, seeks measures to boost economy
ISLAMABAD: The newly constituted Economic Advisory Council (EAC) met here on Thursday. Prime Minister Shahid Khaqan Abbasi chaired the meeting.
In his opening remarks, the...
PM announces tax amnesty scheme to whiten black money
ISLAMABAD: As expected, the government finally announced a tax amnesty scheme to whiten black money, in a bid to meet the financial...
APTMA puts forward its proposal for upcoming federal budget
ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has put forward its proposal for the upcoming budget (FY 2018-19), demanding zero per cent...
Pakistan’s first beachfront housing project launched in Gwadar
KARACHI: With a surging demand for real estate in Gwadar because of the China-Pakistan Economic Corridor (CPEC), a local company, Eiwan, on Thursday launched...
Market Daily: KSE 100 gains 457.21pts, settles at 46,560.82
LAHORE: Market volatility shot up on Wednesday amid mixed news flow and a weak technical close in the previous session. The day,...